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Finnix

Active
Private limited companyfounded 2025active for 1 yearKouteren(SBB) 15, 9630 Zwalm, BelgiumKBO/BCE: BE 1022.443.346
Summary

The computed 12-month bankruptcy probability of Finnix is 1.7% (moderate). The 2025 annual accounts show equity of €44,989 and a net result of €39,989. Its solvency ranks better than 65% of 1,599 sector peers (NACE 55, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 16-04-2025 Normal situation
Activity
Holiday cottages, homes and apartments NACE 55203and 2 others
Establishment unit
2.374.714.210 9630 Zwalm, since 16-04-2025
Financial year end
31 December
Peppol
Reachable since 17-06-2025

Board and ownership

Shareholders
  • DE FEYTER Karel William Ernaact of 18-04-2025
  • LANCKRIET Micheline Valerie Christelleact of 18-04-2025

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€60,132
Turnover
≈ €180,000
estimated
Profit
€39,989
Equity
€44,989
Total assets
€115,469
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskFounded in 20251 change of registered office in 24 monthsLast filed accounts filed 31 days late; 1 of the last 3 accounts latelowers riskLiquidity: current ratio 0.65, cash €24,835Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 68% of micro companies in accommodation (NACE 55)
Financial strength
Strong
Solvency 64
equity 39.0% of total assets
Liquidity 45
short-term debt 60.8% · cash 21.5%
Profitability 100
return on assets 34.6%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,520 companies, NACE 55, micro)
Last 24 months 05-2026: 3.6% 06-2026: 3.7%▲ +0.1 percentage points vs 05-2026 07-2026: 3.8%▲ +0.1 percentage points vs 06-2026 08-2026: 4.1%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 1.6%▼ -2.5 percentage points vs 08-2026lowest value 10-2026: 1.7%▲ +0.1 percentage points vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.65, below 1. Short-term debt is 60.8% and cash 21.5% of total assets. 61% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 55, micro). It does better than 62% of them on solvency, 44% on liquidity and 97% on profitability.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 0.65, cash €24,835
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Positive: Higher net result than 85% of companies in accommodationsector median €2,249 · 1,601 companies €39,989 View

Recent changes

  1. · Gazette deed Registered office moved from Gavere to ZwalmNew seat: Kouteren 15, 9630 Zwalm · Previous seat: Hofkouterstraat 32, 9890 Gavere
  2. · Gazette deed IncorporationFounding capital of €5,000, 120 shares · Founders: DE FEYTER Karel William Erna and LANCKRIET Micheline Valerie Christelle · Appointments: DE FEYTER Karel William Erna (director) and LANCKRIET Micheline Valerie Christelle (director)
All 3 events

Comparable companies

These companies have the same main activity as Finnix: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €80,800 and €158,000, founded between 2023 and 2025.

CompanyTotal assetsGross margin
Finnix Zwalm€115,469€60,132
HOST SUPPORT Gent€144,886€87,405
DEN MIERHOOP Nieuwerkerken (Limb.)€157,633€61,476
H INVEST De Haan€141,942€62,933
DE SMISHOEVE Heers€81,064€56,369
Cofrsharing Brussel€80,789€64,304
Itata Waregem€89,788€110,451
Full comparison

Key facts about Finnix

What is the company number of Finnix?
The company number of Finnix is 1022.443.346. The VAT number is the same number with BE in front: BE 1022.443.346.
Where is Finnix based?
The registered office is at Kouteren(SBB) 15, 9630 Zwalm.Company details
What does Finnix do?
According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
What is the legal form of Finnix?
The legal form of Finnix is Private limited company (BV).
When was Finnix founded?
Finnix was founded on 16-04-2025.
Is Finnix still active?
Yes, Finnix is an active enterprise in the KBO register.
What is the turnover of Finnix?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €60,132 and 2,666 comparable companies of the same size. It probably lies between €120,000 and €310,000. It is a rough estimate.Financials
Is Finnix profitable?
In financial year 2025, Finnix made a profit of €39,989.
Where can I find the annual accounts of Finnix?
Finnix filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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